AVAX One spent approximately $110 million to acquire 9,377,475 AVAX tokens, bringing its total holdings to over 13.8 million tokens.

Odaily Planet Daily reports that Nasdaq-listed AVAX One, the treasury company behind AVAX, disclosed that it spent approximately $110 million to acquire 9,377,475 AVAX tokens between November 5th and 23rd, 2025, at an average purchase price of $11.73. As of now, its total AVAX token holdings exceed 13.8 million. Furthermore, the company stated that its board of directors had previously approved a $40 million share buyback program. (pPrnewswire)